BX (Blackstone) Retained Earnings : $808 Mil (As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Blackstone Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Blackstone's retained earnings for the quarter that ended in Dec. 2024 was $808 Mil.

Blackstone's quarterly retained earnings increased from Jun. 2024 ($608 Mil) to Sep. 2024 ($760 Mil) and increased from Sep. 2024 ($760 Mil) to Dec. 2024 ($808 Mil).

Blackstone's annual retained earnings declined from Dec. 2022 ($1,748 Mil) to Dec. 2023 ($661 Mil) but then increased from Dec. 2023 ($661 Mil) to Dec. 2024 ($808 Mil).

Blackstone Retained Earnings Historical Data

The historical data trend for Blackstone's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blackstone Retained Earnings Chart

Blackstone Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

Get a 7-Day Free Trial

335.76

3,647.79

1,748.11

660.73

808.08

Blackstone Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Retained Earnings	Get a 7-Day Free Trial															796.20	607.56	760.47	808.08	320.16

Blackstone Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Blackstone (NYSE:BX) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Blackstone Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackstone Inc (NYSE:BX) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

BX:Mexico 0HO8:UK BBN:Germany BBN1:Germany BBN1:Germany BX:Canada

Address

345 Park Avenue, New York, NY, USA, 10154

Website

https://www.blackstone.com

Blackstone is the world's largest alternative-asset manager with $1.108 trillion in total asset under management, including $820.5 billion in fee-earning assets under management, at the end of September 2024. The company has four core business segments: private equity (25% of fee-earning AUM and 30% of base management fees), real estate (35% and 39%), credit and insurance (31% and 24%), and multi-asset investing (9% and 7%). While the firm primarily serves institutional investors (87% of AUM), it also caters to clients in the high-net-worth channel (13%). Blackstone operates through 25 offices in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).

Executives

Ruth Porat	director	C/O GOOGLE INC., 1600 AMPHITHEATRE PRKW, MOUNTAIN VIEW CA 94043
John G Finley	officer: Chief Legal Officer	C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Joseph Baratta	director	C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
David Payne	officer: Chief Accounting Officer	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Reginald J Brown	director	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
William G Parrett	director	THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
James Breyer	director	ACCEL PARTNERS, 428 UNIVERSITY AVE, PALO ALTO CA 94301
Hamilton E James	director, officer: President and COO	JEFFERSON RIVER CAPITAL, 499 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10022
Jonathan Gray	director	C/O THE BLACKSTONE GROUP, 345 PARK AVE. 31ST FL., NEW YORK NY 10154
Joan Solotar	officer: SMD - Public Market Activities	THE BLACKSTONE GROUP L.P.,, 345 PARK AVENUE, NEW YORK NY 10154
Christopher Striano	officer: Principal Accounting Officer	C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
John A. Hood	director	C/O THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
Kelly Ayotte	director	C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Bennett J Goodman	director	C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
J Tomilson Hill	director, officer: Vice Chairman